How secure is blockchain technology? Experts weigh in on the complex differences between public and permissioned blockchains. Blockchain technology has become synonymous with privacy and security, but those very characteristics have been put to the test over the past decade. With historical roots embedded in cryptography, many blockchain and cryptocurrency projects purport to offer unbridled…
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BlockFi disclosed a data breach that potentially leaked physical addresses and account activity of its customers, highlighting the risks of KYC finance platforms. The crypto lending provider BlockFi reported on May 19 to have suffered a data breach that may put some of its clients in physical danger. According to its incident report, some of…
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The latest reports suggest that North Korea could be encouraging the Lazarus group to steal crypto globally. North Korean leader, Kim Jong-un, is reportedly backing a group of hackers. Their goal? Stealing cryptocurrencies like Bitcoin (BTC) using phishing scams. Sources indicate that the country has ramped up these efforts in an attempt to prevent a…
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More people care more about their data and privacy than companies would like the public to believe. While thousands of companies and entities look to grab people’s data for various reasons, the commonly stated idea that folks don’t care about privacy is untrue, according to the Electric Coin Company, the entity behind privacy-focused crypto asset…
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A security researcher discovered another 22 Google Chrome web browser extensions that tried to steal users’ cryptocurrencies. A security researcher has discovered another 22 Google Chrome web browser extensions built to steal their user’s cryptocurrencies. Cybersecurity news outlet, Naked Security, reported on May 8 that Harry Denley, a security researcher specializing in cryptocurrencies, discovered 22…
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You can now sign into websites using public keys derived from your crypto wallet — an order of magnitude more secure than using a password. What better way to celebrate World Password Day (May 7) than with a new solution from the cryptoworld to get around insecure passwords and phishing attacks? The lnurl-auth protocol allows…
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Ransomware leaks social security numbers and other sensitive information from plastic surgery studios. A cybercrime group recently infected two plastic surgery studios with ransomware. They subsequently leaked patient’s social security numbers and other sensitive information onto the internet. Emsisoft threat analyst, Brett Callow, told Cointelegraph on May 5 that Maze recently took credit for hacking…
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The FBI has shut down Deer.io, a platform used in conjunction with the sale and theft of private data. The Federal Bureau of Investigation (FBI) has charged a Russian hacker for stealing private information, and has shut down his platform — Deer.io, which moved funds via crypto assets. The FBI shut down the Deer platform…
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Cybersecurity Experts weigh in on the most secure phone models and 2FA schemes, warn against biometrics. Speaking at the RSA Conference in San Francisco, cybersecurity experts Aaron Turner and Georgia Weidman discussed two-factor authentication and biometrics as means to securing one’s phone. Although they concur that the two-factor authentication is the way to go, there…
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North Korean hacking group Lazarus reportedly created an elaborate ruse to phish DragonEx exchange employees into installing a malware-infested trading bot. The North Korean hacking team Lazarus Group targeted several crypto exchanges last year, Chainalysis reports. One of the attacks involved the creation of a fake, but realistic trading bot website that was offered to…
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